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UPDATE 1-New Zealand/Australia Morning Call-Global markets

Published 08/08/2016, 07:39 am
Updated 08/08/2016, 07:40 am
© Reuters.  UPDATE 1-New Zealand/Australia Morning Call-Global markets
UK100
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XAU/USD
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US500
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DJI
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AXJO
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JP225
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HK50
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NWG
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BHP
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ANZ
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BHPB
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DX
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GC
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HG
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LCO
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CL
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US5YT=X
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US7YT=X
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DXY
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(Add Australian stock market trend) ---------------------------------------------------------------- Snapshot at: 07:35 / 2135 GMT ---------------------------------------------------------------- Stock Markets

NetChng

NetChng S&P/ASX 200

5,497.41 +21.60 NZSX 50

7,308.42 +10.33 DJIA

18,543.53 +191.48 Nikkei

16,254.45 -0.44 NASDAQ

5,221.12 +54.87 FTSE

6,793.47 +53.31 S&P 500

2,182.87 +18.62 Hang Seng

22,146.09 +313.86 SPI 200 Fut

5,489.00 +31.00 STI

2,828.17 -3.79 SSEC

2,977.00 -5.43 ---------------------------------------------------------------- Bonds

NetChg

NetChg AU 10 YR Bond

1.964 +0.074 US 10 YR Bond

1.590 +0.000 NZ 10 YR Bond

2.210 +0.010 US 30 YR Bond

2.317 +0.000 ---------------------------------------------------------------- Currencies

1700GMT

1700GMT AUD US$

0.7608 0.7647 NZD US$

0.7127 0.7198 EUR US$

1.1087 1.1140 Yen US$

101.93 101.03 ---------------------------------------------------------------- Commodities Gold (Lon)

1,340.40

Silver (Lon)

19.66 Gold (NY)

1,335.09

Light Crude

41.80 TRJCRB Index

181.80 +0.45 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES

NEW YORK - U.S. stocks notched their best day in a month on Friday, with the S&P 500 and Nasdaq closing at record highs after a second straight month of robust labor market data boosted optimism that economic growth is accelerating.

The Dow Jones industrial average .DJI rose 191.21 points, or 1.04 percent, to 18,543.26, the S&P 500 .SPX gained 18.57 points, or 0.86 percent, to 2,182.82 and the Nasdaq Composite .IXIC added 54.87 points, or 1.06 percent, to 5,221.12.

For a full report, double click on .N

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LONDON - Britain's blue-chip share index climbed to its highest level since July 2015 on Friday, led by a rise in housebuilders and miners, although Royal Bank of Scotland (LON:RBS) slumped after reporting a big loss in its first-half results.

The benchmark FTSE 100 .FTSE extended gains after better-than-expected U.S. jobs data and ended 0.8 percent higher at 6,793.47 points. The mid-cap FTSE 250 .FTMC also hit this year's high and finished 1.3 percent higher.

For a full report, double click on .L

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TOKYO - Japan's Nikkei share average gave up early gains and ended lower on Friday, capping a week marred by a strengthening yen and disappointment with central bank and government stimulus measures.

The Nikkei .N225 touching its session lows in the final minutes of trade before finishing down marginally at 16,254.45 points. It had ended morning trade up 0.3 percent.

For a full report, double click on .T

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SYDNEY - Australian shares are set to have a strong start on Monday following a positive lead on Wall Street and an expected boost to mining stocks from a jump in iron ore prices.

Global miner BHP Billiton (LON:BLT) BHP.AX is expected to open 1.8 percent higher, tracking a gain in its U.S. ADRs BHP.N .

Local share price index futures YAPcm1 rose 0.6 percent to 5,489 points, but that was still an 8.4-point discount to the close of the underlying S&P/ASX 200 index .AXJO on Friday.

The benchmark fell 1.2 percent last week, having ended three consecutive weeks of gains. Yet, the index was still up nearly 4 percent so far this year.

ANZ Bank ANZ.AX will release its quarterly results later in the session.

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FOREIGN EXCHANGE

NEW YORK - The dollar rallied across the board on Friday after data showed U.S. employment increased more than expected in July and wages picked up, raising the probability of an interest rate hike from the Federal Reserve this year.

In late trading, the dollar index .DXY rose 0.5 percent to 96.212, recovering from last week's poor showing when it fell 2 percent for its worst weekly performance since April.

For a full report, double click on USD/

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TREASURIES

NEW YORK - U.S. Treasury yields jumped on Friday, with yields on bonds maturing in 10 years and less set to post their biggest daily rise since mid-May, after a stronger-than-expected July employment report boosted expectations for another Federal Reserve interest rate hike this year.

U.S. 10- and seven-year yields hit more than one-week highs of 1.589 percent US10YT=RR and 1.410 percent US7YT=RR , respectively, while yields on shorter-dated maturities hit their highest levels in a week. U.S. five-year note yields US5YT=RR were last up nearly 11 basis points, marking the biggest rise.

For a full report, double click on US/

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COMMODITIES

GOLD

NEW YORK - Gold fell as much as 1.7 percent on Friday, as the dollar rose after U.S. data showed employment increased more than expected in July, raising the probability of an interest rate hike from the Federal Reserve this year.

Spot gold XAU= fell to a one-week low of $1,336.46 an ounce and was down 1.7 percent at $1,338.25 by 2:48 p.m. EDT (1848 GMT). It was on track for its weakest session since July 12 and set to finish the week down 0.9 percent.

For a full report, double click on GOL/

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BASE METALS

LONDON - Copper prices fell on Friday as the dollar rose after data showed jobs growth in the United States beat forecasts and raised expectations of higher U.S. interest rates this year.

Benchmark copper CMCU3 on the London Metal Exchange ended down 0.9 percent at $4,790 a tonne. It is down nearly three percent so far this week, a first weekly loss since early July.

For a full report, double click on MET/L

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OIL

NEW YORK - Crude oil prices ended little changed on Friday as short-covering returned in late trading, after some weakness earlier in the session as the U.S. dollar rose on robust U.S. jobs data

Brent crude's front-month LCOc1 settled down just 2 cents at $44.27 per barrel. Earlier in the session, it fell to $43.51.

For a full report, double click on O/R

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